Tuesday, May 5, 2020

Semco Group Industry and Corporate Engineering

Question: Discuss about theSemco Groupfor Industry and Corporate Engineering. Answer: Introduction In the year 1950 the Semco group was founded by Antonio Curt Semler it is a Brazilian company (Praszkier 2015). The companys headquarter is situated in Vista, CA. Ricardo semler, the son of Antonio Semler is the CEO of the company (Segal 2014). The company is well-known in the world for the democracy in the industry and corporate engineering. Semco has made a joint venture business model. In 2003 the annual revenue of the company was $212 million and the growth rate was 40percent per year. At that time 3000 workers were working in Semco. Ricardo has spread the business in various fields such as the real estate business, environmental consultant, supporting the inventory etc. Motivation of Workers The company was near a situation to be bankrupted so Ricardo decided to bring some changes in the organization to overcome the situation and to run the business spontaneously again. He has decided to increase the motivation of the workers to get better productivity. To motivate the workers an organization needs to satisfy all the needs of the works. According to Maslow the needs of an individual are divided into five parts, the physical need, safety need, need to belong with other or to love someone, need for having value and need to develop (Maslow 2013). Ricardo is trying to follow the theory of Maslow to satisfy the workers so the works can do their work spontaneously. The workload on the employees, promotions, salaries, discussion of ideas, the working location and the schedule of work all are taking into consideration. Tension in Semco The main tension in the organization is the different salaries of the workers which were decided by the elected groups of the workers. The groups of workers were elected by the democratic election process. The difference between salaries are creating several problems among the workers and the productivity is affected. Apart from this in the organization there are present several small groups which are influencing the decision making process of the organization. The consequences of it is affecting the organization for a long period of time. The management is trying to overcome the situation. So these are the main tow tensions of Semco. As a result the performance of the organization is being affected. The Risk Ricardo couldnt predict the reactions of the employees about the changes in the organization, he brought some changes in the strategies without thinking about the reactions of the employees. He diversified the business and he started the ship manufacturing business (Poulsen 2013). The employees did not have any experience and skills to work in this business. They were feeling annoying to work in this industry. So there were creating some conflict among the workers and the management. Apart from these there were not any records of previous works and decisions, due to this, the risk had increased more. So the decision to start a new business of ship manufacturing was full of risk. In the presence of employee grievance a business cant run successfully. Conclusion Semco is providing mainly the RF products to the Department of Defence (DOD) of the U.S government. It has supplied around 1500 telemetry system to the international flight test community. The U.S. intelligent agencies are using the video surveillance system of Semco. In the applications of robotics the services of Semco are using. The business of Semco has spread all over the world. References Maslow, A.H., 2013.A theory of human motivation. Simon and Schuster. Poulsen, R.T., 2013. Diverting developmentsthe Danish shipbuilding and marine equipment industries, 1970-2010.Erhvervshistorisk rbog,62(2), pp.57-77. Praszkier, R., 2015. Empowering leadership: embracing endogenous dynamics.Journal of Positive Management,6(2), p.34. Segal, S., 2014. Stress as the Basis for Leadership Philosophy. InBusiness Feel(pp. 119-135). Palgrave Macmillan UK.

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